GiraSolar Inc. (fka GRSR)

[prothymia]

There are two reasons I see why the company might go private.

1. There is something or are things to hide.

2. Something happened after the merger that fatally compromised the stock. If Klamka or someone else did something that ruined the future of the stock, in the pursuit of monetary gain, or just made a terrible mistake (less likely).

Since the company was willing merge with a pink sheet shell to go public it would be very strange to reverse that decision and go private. If the management knows anything about pink sheet stocks then they should not be suprised about the difficulties they are encountering.

It does not seem to make sense that they would go private. That would have defeated the whole purpose of getting listed. If you merge with a pink sheet shell you have to have some idea of what you are doing so I doubt that management believes going public was a mistake.